Ecuador

Population (World Bank): 18,190,484 (2023)

Metal/Ore Exports (% of Total Merchandise Exports, World Bank): 6.6% (2022)

Petroleum Production (Million barrels per day, EIA): 467 Mb/d (2024)

Human Development Index (World Rank, UNDP): 83

2017 Resource Governance Index Score, Oil and Gas Sector (NRGI): 54/100

EITI Status: Yet to be assessed against the Standard

Link to key economic information (Atlas of Economic Complexity)

Policy documents that include local content relevant provisions:

• Mining Public Policy, 2019 (Spanish)

• Hydrocarbons Law, 2018 (Spanish)

• Mining Law, 2018 (Spanish)

• Mining Law Regulations, 2015 (Spanish)

Local Content Relevant News:

• October 2021 – Mining sector undertakes initiatives to support communities

• September 2021 – Mining projects generate benefits for Ecuador through: employment, payment of taxes, purchases from local suppliers

• October 2020 – ECSA has made local procurement for a total of 93 million dollars in Zamora Chinchipe (Spanish)

Analysis and Case Studies:

• Maunder (2021) – Productive chaining from the mining sector and acquisition of local mining goods and services in Ecuador (Spanish)

• Almeida (2019) – Case Study on the Governance of the Mining Sector in Ecuador (Spanish)

• Ramdoo (2017) – How Local Content Policies are Benefitting Ecuador

• Herrera et al. (2016) – Local Content Frameworks in Latin American Oil and Gas Sector: Lessons from Ecuador and Colombia

  

Relevant Initiatives:

• Alianza para el Emprendimiento e Innovación (AEI) - Cluster Minero

• National Mining Sector Development Plan (2020-2030) (Spanish)

• National Action Plan (2020) (Spanish)

• Evaluation of the IGF's Mining Policy Framework: Ecuador (2019) (Spanish)